Thursday A neat example of Keith Weiner’s ‘perverse incentives produce perverse outcomes’. “Yi blamed not only government attempts to hide the real data for the discrepancies in numbers, but widespread corruption at the local level. Parents reportedly purchase birth certificates from hospitals for babies that do not exist to receive more public benefits; local governments … [Read more...]
How Ireland Will End Up a Third World State
Thursday This is an interesting video (thanks Marcus). If you can’t watch it all (it’s long), then watch the first 30mins or so -definitely don’t miss from around the 27min - 30 min mark. That point, which is rather disturbing, is not what I am going to address here. My focus is earlier on in the video where the point is made that we can easily take control of our … [Read more...]
The Depths of 21st Century Depravity
Sunday Below are just a few samples of the massive corruption eddying through Western societies. It does not even touch on the dumbing down of the education system that turns out functionally illiterate and innumerate children who have zero knowledge of the great history of the West. Nor does it touch on the pallid state of the media who feed off, and are complicit in, the … [Read more...]
Wealth Inequality
Sunday Take away the ability to trade freely and what appears in its place is corruption. The more regulations, the more pervasive the corruption. When buying and selling are controlled by legislation the first things to be bought and sold are legislators. P. J. O’Rourke Today, the economies of the Western world are burdened with regulations sufficient to break the … [Read more...]
Cowboy in India
Monday I’ve received a couple comments (one from the US and one from Italy) re the rise in the price of Gold in India, due to the overnight ban on the common denomination Rupee notes. Some points to understand… 1 It is not, as claimed, an attempt to stop corruption; stop corruption in India and the whole country will grind to a halt. Only a small percentage of … [Read more...]